| Latest Forum Topics / Oceanus Last:0.003 -- |
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Oceanus major business model restructure
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mondaybluesy
Senior |
31-Aug-2021 09:51
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Respectfully disagree.  Oceanus has met all of SGX exit criteria since Dec 2020.  If SGX changes their rules just to disqualify Oceanus, they lose credibility as a regulatory body.  The exit criteria will be superfluous. You are not able to see " digitaisation, tech, and what have you" in the balance sheet of the Group accounts because that is the wrong place to look.  No, they are not noises from time to time. As a good practice, let me back up what I say with the following examples of digitalisation and tech:
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kiattttt
Veteran |
31-Aug-2021 09:34
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To the ocean down we go!! | ||||
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FrancisLim
Elite |
31-Aug-2021 08:51
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Unlikely to exit the watchlist based on 1st half 2021 results, which excluding non operating, non recurring income, it will show  loss instead of net profit.  That is my view, and I respect the differing view of others. Just be careful of pump (like before moving beyong 4 cents) and dump (to 3 cents). Not impressed with all the talks - digitalization, tech, and what have you which are not reflected in the balance sheet either as asset, cash flow or disclosures.  But noises from time to time in the media. |
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revolvingdoors
Member |
31-Aug-2021 00:45
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Hi AlaFun, thank you for the information. I guess, and I may be wrong, that it is quite likely that the watchlist decision will have to be made by the regulatory authorities very soon. I doubt they can deliberate for too long because one of the hallmarks of a good regulatory body is efficiency.  As for your point regarding the strategic investor/significant investment into the company, I think the company seems to be gearing up and trying to attract investors (significant ones, at least) to support their expansion and strategic positioning within the domestic and regional market. I think there may be a reasonable chance that a strategic investor(s) may enter the picture after the watchlist exit. My personal opinion is that buying this stock seems to be a reasonable decision as well. We can definitely agree to disagree :)
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savage007
Member |
31-Aug-2021 00:39
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Well, both of us expressed differing views/belief here which is what this SJ forum is for. But what is different is that I never sound like a saviour, trying to save people from losing money, so I don' t see the point of showing my portfolio. I share my viewpoints based on facts and don' t teach others what to do. I only advise bros here to DYODD. Neither have I called people who don' t agree with me as brainless, unlike Alafun. Since he hopes to teach people what to do, then he should show us his portfolio first to be convincing. You mean you will blindly follow any guru that has not proven himself? Is he willing to take responsibility for those who listen to his " teachings"   if anything goes wrong? Kiattt, you are also another one who like to call people names, like " mr unwise" . No wonder you sounded protective towards Alafun. Aren' t the both of you the same kind? Or maybe you two are the same person. Are you also going to take responsibility of what he said in here right from the start since you are speaking up for him?
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AlaFun
Member |
31-Aug-2021 00:25
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I would say the answer is most likely yes, it will exit the watchlist. And, exiting watchlist is the exact time (maybe final chance) for curent holders to sell their holdings, I can imagine a lot of buyers will be trapped when buying on this news. But if this decision continues to delay for a periold of time, price will drop from current level, very likely. I have explained many times why the current fundamentals and tech up progress can' t support current market cap. Face the truth. The only foreseen factor that can change the landscape is when the company receives significant investment from a strategic investor after exit. But as a retail investor, you can' t pray for that, too much uncertainty. So selling this overvalued stock is a reasonable decision.  
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revolvingdoors
Member |
31-Aug-2021 00:10
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Hi AlaFun, just wanted to check something with you. Based on the calculations and knowledge that you have, do you think Oceanus will exit the watchlist? Let' s disregard the longists, shortists etc debate for now. 
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kiattttt
Veteran |
30-Aug-2021 23:18
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The same could be apply to u right? if u think your views are right and the company instead have potential to go above its all time high, why not u present your portfolio as well? 
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TanTee123
Member |
30-Aug-2021 23:13
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I cannot help but be amused by you. When your past doings were dug up to haunt you, you will say that " you can' t be borthered to explain and reply" . Few hours later you will surface again with another round of your illogical analysis and opinions. I truly wonder what is your agenda!!
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savage007
Member |
30-Aug-2021 22:46
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Yes. I can also understand the situation where you are at. 1) You are trapped in your  self-fulfilling prophecy and don' t want to wake up 2) You soly rely on your prejudice and ignore the prospects of this turned around company 3) You also hate different views and insult them with personal attacks 4) You expect every negative shouting to push down the price, sooner than later. 5) You don' t dare to question the company of anything even though you sound so sure that the company will not do well in your perspective.     For the longists, they could have already done their own due diligence and have their questions answered before they invest in the company.     Please stop giving false perspective. You are not a saviour     If you are really that good and accurate, please present your portfolio here. That will be more convincing than just shouting down the company relentlessly.  
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AlaFun
Member |
30-Aug-2021 22:04
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Right. I can understand the situation where they are at. 1) They are trapped and don' t want to cut loss. 2) They soly rely on the company' s story and ignore the fundamentals. 3) They hate different views and want those to shut up. 4) They expect every good news to boost the price, sooner than later. 5) They don' t dare to question company of anything. While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again. 
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mrwise
Supreme |
30-Aug-2021 20:57
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The background noises is there to distract us...lets stay focus n Oceanus will not fail us!!
Power Oceanus!
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Prty382c
Member |
30-Aug-2021 20:45
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linkedin singapore website not available. Need download linkedin APP to see. Mr wise i support you. | ||||
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ringo88
Senior |
30-Aug-2021 19:26
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Hi Bros and Sis'.. May I ask a most objective question.
Has Oceanus met the watchlist exit criteria definitetively as set by SGX? |
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ckmpd1
Supreme |
30-Aug-2021 18:59
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well said
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AwakenTide
Veteran |
30-Aug-2021 17:20
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3.5c consolidation mode keep going on while awaiting SGX to release long haul impending Oceanus exit...power up soon. Stay calm. | ||||
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savage007
Member |
30-Aug-2021 16:57
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You dont have Linkedin issit? Or did you try other means (cut and copy) to solve your issue? Anyway, what is wrong of me to post the relevant news from Linkedin. I am just merely sharing what the CEO has shared on Linkedin which I think is pretty informative for some who  may want to find out more about Sino Food andd the postive impact to the company By the way the Linkedin platform is more than just " where anyone can post anything regarding himself" . It is always good to keep an open mind and not make quick judgement based on personal bias/preferences.    Repost: More info on the Sinofood venture by the CEO. Look at the kind of support the company has. The company is constantly working to keep their promises. Once the big institutions come in to have a stake in the game, the company share pr will be on steroid. Let actions speak louder than words. We shall see.  https://www.linkedin.com/feed/update/activity:6837589496977063936
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kiattttt
Veteran |
30-Aug-2021 16:38
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What u do is just giving false hope and let others trap at a high price!! poor thing. trying so hard to trap others when u yourself is trapped!!. To the ocean, oceanus!!
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mrwise
Supreme |
30-Aug-2021 16:09
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POWER!!!!  Words of Confidence from All !!!! See what others comments on Oceanus!! Go Oceanus!!  BBs and Institutional investors to join in the rocket ride UP!!!
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mike2867
Member |
30-Aug-2021 16:05
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https://www.linkedin.com/posts/peter-koh-37a974140_last-week-oceanus-group-announced-the-incorporation-activity-6837589496977063936-LKNB | ||||
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